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Analysts Convinced of Dogecoin To A Dollar but Not Before Polygon and Rollblock

August 29, 2024 By Crypto Reporter PR

Recent predictions suggest that analysts believe that Dogecoin could reach $1. However, with the meme coin market in turmoil, it’s expected to take a bit longer for this prediction to play out. Meanwhile, projects like Polygon and crypto casino Rollblock could reach this target sooner. Here’s why.

Dogecoin, Surges But Lacks Strenght To Leave Range

Dogecoin is currently selling for $0.104 with a 1.3% decrease in the last 24 hours. In the last week, Dogecoin attempted a breakout, rising by 8.50% to a $0.114 peak. However, Dogecoin’s momentum wasn’t sustained, and it plunged back into the narrow $0.10 channel where it spent the majority of August.

Dogecoin’s current market cap is $15 billion, and is a 10x away from reaching $1, which means that its market cap will have to be around $150 billion. A plausible scenario for Dogecoin, but analysts are not sure it will happen this cycle.

Polygon Is Halfway There

Polygon is priced at $0.4506 with a 2.9% decrease in the last 24 hours. Polygon has been ranging around the $0.39 mark in the last few weeks but a sudden surge in buying pressure saw it experience a significant price increase.

Polygon rallied by 35%, reaching a local peak of $0.57. A rejection followed, and a Polygon consolidation is happening around the $0.49 mark. Analysts are confident that Polygon will soon soar above $1 again, as the uptrend seems confirmed.

Rollblock Poised For 100x Returns

Rollblock is a community-backed DeFi casino set to dominate the online gambling industry, projected to be worth $750 in 2028. By leveraging blockchain technology, Rollblock seamlessly integrates centralized and decentralized gambling for the ultimate casino experience.

No KYC is needed to use the platform. Players can access the platform by connecting their crypto wallets or signing up via email. The gaming catalog boasts more than 150 titles, including casino classics and AI-powered games. Sports betting will also be introduced in the upcoming months.

In a world of vaporware projects and empty promises, Rollblock is fully licensed and already generating revenue with more than 10,000 active users.

One of Rollblock’s star features is the revenue share model. Every week, the casino will use up to 30% of its revenue to purchase RBLK tokens and reinvest them into the ecosystem.

Half of this amount will be burned forever, creating the perfect deflationary environment for sustained price growth. The remaining half will be used in the generous reward system and distributed to users who stake RBLK on the platform.

Stage 5 of the RBLK presale is 90% complete and the price is $0.022 per token. By the end of the presale alone, analysts expect another 800% surge.

RBLK could see a 100x multiplier in 2025 when the hype around GambleFi starts ramping up and listings on major exchanges are finalized. If early buyers act today, they could see incredible gains in the upcoming months!

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

Website: https://presale.rollblock.io/

Socials: https://linktr.ee/rollblockcasino

Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.

Filed Under: Press Releases Tagged With: Rollblock

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